Bannerman Resources (Australia) Price on November 29, 2024
| BMN Stock | 2.87 0.14 4.65% |
Below is the normalized historical share price chart for Bannerman Resources extending back to April 27, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bannerman Resources stands at 2.87, as last reported on the 16th of December 2024, with the highest price reaching 2.93 and the lowest price hitting 2.82 during the day.
If you're considering investing in Bannerman Stock, it is important to understand the factors that can impact its price. Bannerman Resources appears to be risky, given 3 months investment horizon. Bannerman Resources secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. By analyzing Bannerman Resources' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Bannerman Resources' Downside Deviation of 2.74, risk adjusted performance of 0.1035, and Mean Deviation of 2.71 to double-check if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to drop to about 68.6 M in 2024. Common Stock is likely to drop to about 125.5 M in 2024. Bannerman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of April 2005 | 200 Day MA 3.2425 | 50 Day MA 2.9624 | Beta 1.539 |
Bannerman |
Sharpe Ratio = 0.1387
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Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.52 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Bannerman Resources is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bannerman Resources by adding it to a well-diversified portfolio.
Price Book 5.0391 | Enterprise Value Ebitda (31.27) | Price Sales 316.0698 | Shares Float 136.5 M | Wall Street Target Price 5.865 |
Bannerman Resources Valuation on November 29, 2024
It is possible to determine the worth of Bannerman Resources on a given historical date. On November 29, 2024 Bannerman was worth 2.7 at the beginning of the trading date compared to the closed value of 2.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bannerman Resources stock. Still, in general, we apply an absolute valuation method to find Bannerman Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bannerman Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bannerman Resources' related companies.
| Open | High | Low | Close | Volume | |
| 2.74 | 2.76 | 2.71 | 2.71 | 372,187 | |
11/29/2024 | 2.70 | 2.73 | 2.65 | 2.72 | 268,581 |
| 2.76 | 2.80 | 2.73 | 2.79 | 684,066 |
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Bannerman Resources Trading Date Momentum on November 29, 2024
| On December 02 2024 Bannerman Resources was traded for 2.79 at the closing time. The maximum traded price for the trading interval was 2.80 and the lowest daily price was 2.73 . The daily volume was recorded at 684.1 K. The volume of trading on 2nd of December 2024 played a part in the next trading day price appreciation. The overall trading delta to the next closing price was 2.57% . The overall trading delta to the closing price today is 2.21% . |
Bannerman Resources Fundamentals Correlations and Trends
By evaluating Bannerman Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bannerman Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bannerman financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Bannerman Resources Stock history
Bannerman Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bannerman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bannerman Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bannerman Resources stock prices may prove useful in developing a viable investing in Bannerman Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 151.8 M | 119.7 M | |
| Net Loss | -4.2 M | -4.4 M |
Bannerman Resources Quarterly Net Working Capital |
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Bannerman Resources Stock Technical Analysis
Bannerman Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Bannerman Resources Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
Bannerman Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Bannerman Resources December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Bannerman Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bannerman Resources shares will generate the highest return on investment. By undertsting and applying Bannerman Resources stock market strength indicators, traders can identify Bannerman Resources entry and exit signals to maximize returns
Bannerman Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Bannerman Resources' price direction in advance. Along with the technical and fundamental analysis of Bannerman Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bannerman to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1035 | |||
| Jensen Alpha | 0.4515 | |||
| Total Risk Alpha | 0.0942 | |||
| Sortino Ratio | 0.1499 | |||
| Treynor Ratio | 1.07 |
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Additional Tools for Bannerman Stock Analysis
When running Bannerman Resources' price analysis, check to measure Bannerman Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bannerman Resources is operating at the current time. Most of Bannerman Resources' value examination focuses on studying past and present price action to predict the probability of Bannerman Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bannerman Resources' price. Additionally, you may evaluate how the addition of Bannerman Resources to your portfolios can decrease your overall portfolio volatility.